National Minimum Wage

Are you paying all your workers the national minimum wage? If not, the penalties increase substantially at the beginning of March.

The current penalty is 50% of the total wages underpaid since 6 April 2009, subject to a maximum of £5,000. This will increase to 100% of the total underpayment, subject to a maximum of £20,000. Paying arrears before HMRC catch up with you will avoid the penalty.

Robert Maas
Tax Consultant
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One of the UK’s leading tax experts, Robert was awarded the 2013 Lifetime Achievement award at LexisNexis Taxation Awards (which are the gold standard of excellence in the UK tax industry).

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An award winning City Accountancy, Tax and Financial Planning firm offering a depth and breadth of experience usually found only in the top 20 practices. We are a highly motivated and talented group of people who enjoy delivering exceptional client experiences which leads to a level of profit that enables us to invest and grow for the benefit of all our stakeholders.
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